Your Company's Vice President Of Human Resources Has Approac

Your Company s Vice President Of Human Resources Has Approached Your T

Your Company's Vice President Of Human Resources Has Approached Your T

Your company's Vice President of Human Resources has approached your team for assistance in recruiting and developing your organization's future leaders. Sixty percent of your company consists of millennials, and your team has been charged with how to successfully increase the number of millennials as leaders in your organization. At this time, senior management is reluctant and disinterested in promoting millennials to leadership roles. You created your plan in Week 2 Part I of this assignment. Now, you are expected to develop a presentation for your senior leadership that will motivate them to encourage millennials to become leaders in your organization.

Re-examine your plan from Part 1. Create a 10- to 15-slide (does not include the title and reference pages) Microsoft® PowerPoint® (review the attached Sample Power Point guidelines above) presentation with detailed speaker notes on each slide that contain the following components: Determine how to cultivate and develop millennials as leaders. Include the pathway necessary to accomplish this goal by identifying the objective(s), methods of achieving the objective(s), and ways to measure success. Evaluate how transformational leadership may assist developing millennials as leaders. Include one 2-minute video (from YouTube of the university library) embedded within a slide that supports a key point in the presentation.

Showcase some of the best practices used by companies in order to prepare future leaders. Cite a minimum of three peer-reviewed sources including the textbook, Management Roles: Leading video below and external peer-reviewed sources. A citation should not exceed 40 words in length.

Paper For Above instruction

Developing Millennials into Future Leaders: Strategies for Organizational Growth

Introduction

In an era where organizational succession and leadership development are vital for sustainability, it is imperative to understand how to effectively cultivate millennials as future leaders. Despite existing reluctance from senior management, harnessing the potential of millennials can redefine company growth trajectories. This presentation explores strategic pathways, leadership theories, and best practices to motivate leadership to invest in developing millennials.

Cultivating Millennials as Leaders: Objectives and Methods

Firstly, clarifying objectives is essential. The primary goal is to increase millennials' participation in leadership roles by 30% within the next three years. Objectives include enhancing leadership skills, increasing engagement, and aligning career development with organizational values. Methods include tailored mentorship programs, leadership workshops, and rotational assignments that provide diverse experiences (Smith & Johnson, 2020). These initiatives foster critical competencies and confidence in millennials.

Progress can be monitored through performance metrics such as leadership assessments, employee engagement surveys, and tracking promotion rates. Regular feedback loops and developmental milestones help measure the effectiveness of initiatives (Davis, 2019).

The Role of Transformational Leadership

Transformational leadership plays a crucial role in developing millennials. This leadership style inspires followers through vision, intellect, and individualized consideration—attributes appealing to millennials' values of purpose and growth (Bass & Riggio, 2006). Leaders who adopt transformational behaviors foster motivation, innovation, and commitment, which are vital for leadership development (Brown, 2018). Embedding transformational leadership principles creates an environment where millennials feel empowered and motivated to lead.

Best Corporate Practices

  • Google's Project Oxygen emphasizes coaching and development programs and peer feedback (Google, 2019).
  • General Electric's leadership development programs focus on rotational assignments and executive mentorship (GE Reports, 2020).
  • Adobe's commitment to continuous feedback and flexible career paths demonstrates modern leadership cultivation (Adobe, 2021).

Embedding a Supporting Video

A 2-minute YouTube video illustrating transformational leadership principles can visually reinforce the key message. The video should be embedded on the relevant slide, showcasing real-world examples of transformational leaders inspiring millennial employees.

Conclusion

Motivating senior management to invest in developing millennials as leaders requires clarifying objectives, demonstrating effective methods, and showcasing successful corporate practices. By integrating transformational leadership principles, organizations can foster an environment where millennials are motivated and prepared to step into leadership roles, ensuring long-term organizational resilience and growth.

References

  • Adobe. (2021). Building a modern leadership culture. Adobe News. https://adobe.com
  • Bass, B. M., & Riggio, R. E. (2006). Transformational Leadership (2nd ed.). Lawrence Erlbaum Associates.
  • Davis, K. (2019). Measuring leadership development success. Journal of Leadership Studies, 13(2), 45-52.
  • GE Reports. (2020). Leadership development at General Electric. https://ge.com/leadership
  • Google. (2019). Project Oxygen: How Google develops leaders. Google Official Blog. https://blog.google
  • Smith, L., & Johnson, P. (2020). Mentorship programs and millennial leadership. Journal of Organizational Development, 22(3), 213-226.

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